Taxes on unemployment money coming due soon, surprising many

Many California jobseekers are confused about withholding taxes on their unemployment checks, and many more report that they simply can’t afford to put aside any money when they don’t have enough to begin with.

Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'

Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.

Mega Millions mojo has many hoping they hold tickets to Easy Street

Two lottery jackpots, Mega Millions and Powerball, worth more than 1 billion combined, have people dreaming of a jackpot, or two.

Unemployment continues to hurt low-income workers amid pandemic

Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.

Biden plans to extend student loan payment pause ‘on day one,’ supports forgiving $10K in debt

President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.

US lost 140,000 jobs in December; first monthly loss since spring

U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.

$2,000 stimulus checks on the table after Dems win control of Senate

Democrats pledged to deliver $2,000 stimulus checks to Americans as soon as possible after winning control of the Senate with a pair of victories in Georgia's runoff elections.

Boeing charged with conspiracy to defraud U.S., must pay $2.5 billion

The U.S. Department of Justice has charged Boeing with "conspiracy to defraud the United States" over the investigations into two deadly 737 MAX Jet crashes.

Online glitches, new distribution methods could be why you haven't received your second stimulus check

While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.

US trade deficit widens to $68.1 billion in November

The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.

Jobless claims slip to still-high 787,000 in the US

The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.

Powerball $470M jackpot goes unclaimed as Mega Millions surges to $490M

Mega Millions Drawings are held every Tuesday and Friday at 11 p.m. ET in Atlanta. Identically, Powerball drawings take place in Atlanta at 11 p.m. every Wednesday and Saturday.